Weidai

Weidai Overview

Founded 2011
Founded
Status Public
Employees 9,919
Employees
Stock Symbol WEI
Stock Symbol
Share Price $1.59 (As of Friday Closing)

Weidai General Information

Description

Weidai Ltd is engaged in the online finance marketplace business in the People's Republic of China. The company's platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. It generates revenue from the service fees charged to borrowers for facilitation and management of loans, and also charge fees to online investors for facilitating their investments via a platform, and the transfer of their investments on its secondary loan market.

Contact Information

Formerly Known As
Micro Loan (Hangzhou) Financial Information Service Co., Ltd.
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Consumer Finance
Other Industries
Financial Software
Social/Platform Software
Stock Exchange
NYS
Primary Office
  • Zhejiang Fortune Financial Center
  • 25, 41, 42, 50 floors, Number 33 Jiefang East Road
  • Hangzhou, Zhejiang 310000
  • China
+86 0571 0000 0000
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Weidai Stock Performance

(As of Tuesday closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.59 $1.67 $1.03 - $9.75 $112M 70.5M 47.4K $0.52

Weidai Financials Summary

In Thousands,
USD
TTM 31-Dec-2019 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 1,644 1,644 432,166
Revenue 488,244 488,244 594,698 526,996
EBITDA 47,601 111,644 96,180
Net Income 36,708 36,708 90,944 70,261
Total Assets 718,466 718,466 918,228 960,040
Total Debt 0 0 30,634
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Weidai Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Weidai Executive Team (4)

Name Title Board Seat Contact Info
Hong Yao Chief Executive Officer & Chairman
Chen Feng Vice President
Wang Pengfei Vice President
Ding Desheng Vice President, Finance & Risk Management

Weidai Board Members (3)

Name Representing Role Since
Hong Yao Weidai Chief Executive Officer & Chairman 000 0000
Menma Huang Weidai Board Member 000 0000
Poi Lam Yuen Weidai Board Member 000 0000